read more Testimonial

  • AWESOME Coordinator! I close on average seven closings per month and Carolyn manages each offers and closings with exper...

    Jamie R.

  • Carolyn is a Gem! She has been processing my short sales over the past year. As a result, the approval time has decrease...

    J. Cunningham

  • Thank you for all the work you do on our closings, you are such a great help and so much fun to work with. Your are our ...

    Gina R.

  • If you ar talking about Carolyn Nelson she is awesome.....my best kept secret.....shhhhhhhhh.....she makes you look good...

    Michelle S.

  • Carolyn has worked as my assistant and closer for over three years and is a very valuable part of my real estate REO tea...

    Michael M.

  • Thank you for being so much help on my BPOs. You are doing a great job!

    Christie S.

  • Carolyn helped me setup my comany by creating office policies, multiple fors, and worked on our website. Then she signed...

    Robert G.

  • Thank you for all the great real estate forms you created. I LOVE ALL OF THEM!

    Chris

  • Carolyn has been doing a great job with my reo bookkeeping and has managed to help me recoup thousands of dollars that I...

    Joseph

  • Great Assistant and Closing Coordinator. She is a valuable asset to my REO business.

    Cal

  • Ever since Carolyn started managing and processing my short sales, I have had nothing but success. We are now getting qu...

    Dee Dee

  • Carolyn does a great job with all of my closings and keeping my files in compliance. Once I give her the file, she alway...

    Timothy Richardson

  • Carolyn has been completing my BPOs and MMRs since 2009. She has done it all for me, pull comps and complete the entire ...

    James

Closings

Let Online REPA become your closing central. Teamwork Works!

Service Overview

  • Review Contract for completion (Initials, (Dates, and Signatures).
  • Confirm that Escrow has been opened.
  • Create the transaction timeline (Contingencies, Contractual Actions, and Broker Deadlines).
  • Obtain earnest money receipt, with supporting documentation for the file.
  • Collect and ensure that the seller disclosure and all required reports are delivered and signed within the the contingency time-frame specified in the Purchase Agreement.
  • Order Inspections, and home warranty contract (if applicable).
  • Order the HOA documents or follow-up with title to ensure that the documents are deivered per the contract requirements.
  • Order all state specific reports.
  • Send out Contingency and Contractual Action reminders to all parties with the due dates.
  • Create all necessary forms for agent review and approval (Repair Addendum, Contingency Removals, Notice to Perform, Contract Addendums, Extensions). 
  • Follow-up with lender regarding loan contingencies every 2-4 days.
  • Communicate file status updates and follow-ups with Escrow, Cooperating Agent, Title, Lender, Loan Officer, and Client.
  • Confirm appraisal and loan approval has been received.
  • Confirm removal of all contingencies and the completion of all contingency removal.
  • Update client on the closing status.
  • Obtain Firm/Unconditional Loan Commitment. Comlete the Closing Extension if applicable for Agent review and approval.
  • Schedule the final walk-thru.
  • Schedule the closing appointment.
  • Confirm the clear-to-close from Title and  the Lender.
  • Order and review the preliminary HUD-1/Closing Statement. Inform the client of the final requirements (Funds, Final Possession, Location, Time, etc).
  • Remind seller of final possession (Keys, manuals, EGDO, warranties, etc).
  • Order Final HUD-/Closing Statement.
  • Confirm Funding and Recording.
  • Finalize the Closing File per the Broker requirement.

* Broker/Agent is responsible for negotiating and explaining all forms to the client.

What we do

Online REPA is an independent contractor servicer providing Fair Market, Short Sale, and REO property Listing, Marketing, Closing Management, Loan Processing, Reimbursement Bookkeeping, and Short Sale Processing services to Real Estate Brokers, Agents, Asset Managers, and Mortgage Brokers.

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Orders & Uploads

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